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$250,000 Just Listed
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Property Description
This beautiful new construction home located in the heart of Panama City, just 2 miles from Downtown. This 3-bedroom, 2-bathroom residence offers an open-concept floor plan designed for modern living, featuring upscale finishes, contemporary design elements, and abundant natural light throughout. The stylish kitchen is equipped with Samsung appliances and stunning gradient countertops that continue into the bathrooms, creating a cohesive and sophisticated look. The spacious living area showcases a custom accent wall and includes a 65-inch television, making it perfect for entertaining or relaxing at home. The home also featues impressive 9-foot ceilings, enchancing the open and airy feel throughout the living spaces. Step outside to enjoy the newly landscaped yard with fresh grass and a mature pear tree. Conveniently located near shopping, dining, entertainment, and local amenities, this move-in-ready home combines modern comfort with an unbeatable location.
Full Property Details
Full Property Details for 517 N Gray Ave
General
- Price: $250,000
- Taxes: $263 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 790619
- Updated: Today (6/1/2026)
- Added to Site: Today
Interior
- Number of Rooms: 3
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio, Covered, Open, Porch
Location
- County: Bay
- Subdivision: Pine Crest Add To Callaway
- Driving Directions: From FL-77, turn onto Baldwin Road, then onto Headland Avenue. Continue to US-231 North and follow it until you reach N East Avenue. Turn onto N East Avenue, then take Cherry Street and continue to Gray Avenue. Follow Gray Avenue.
School Information
- Elementary School: Cherry Street
- Middle School: Jinks
- High School: Bay
Community
- Community Name: 02 - Bay County - Central
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Utility Description: Electricity Available, Sewer Available
Structural Information
- Architectural Style: Florida
- Construction: Vinyl Siding
- Roof: Shake
- Sq. Ft. Source: Plans
- Year Built: 2026
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,752
- Lot Size: .15
- Lot Dimensions: 47 x 144
- Frontage: City Street
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $263
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: PINECREST ADD LOT 21 BLK E ORB 4991 P 621
- Property ID: 22633-015-000
Listed by Chesnut Realty, Inc
Get Pre-Approved Today
Schools
Schools serving 517 N Gray Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Merriam Cherry Street Elementary School 1125 Cherry Street, Panama City, FL 32401 | PK-5 | 1.4 mi |
Jinks Middle School 600 West 11th Street, Panama City, FL 32401 | 6-8 | 2.6 mi |
Bay High School 1200 Harrison Avenue, Panama City, FL 32401 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 N Gray Ave
Date
Details
Price
Change
Source
6/01/2026
Listed
$250,000
733.33%
MLS
1/09/2026
Sold
$30,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 517 N Gray Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$239
—
$15,122
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 517 N Gray Ave
517 N Gray Avenue, Panama City, FL 32401 (MLS# 790619) is a Single Family property with 3 bedrooms and 2 full bathrooms. 517 N Gray Avenue is currently listed for $250,000 and was received on June 01, 2026. Want to learn more about 517 N Gray Avenue? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

